Thai Airways International Public Company Limited (THAI) — Free Cash Flow Generation Index
Thai Airways International Public Company Limited (THAI) has a Free Cash Flow Generation Index of -3.46x as of September 2025. Free cash flow of ฿-1.15 Billion represents -3% of operating cash flow (฿332.90 Million). See working capital to net assets of Thai Airways International Public Compan to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Thai Airways International Public Company Limited Free Cash Flow Generation Index (2000–2024)
Historical FCF Generation Index trend for Thai Airways International Public Company Limited across 23 annual periods. Explore THAI cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for Thai Airways International Public Company Limited (2000–2024)
Year-by-year Free Cash Flow Generation Index for Thai Airways International Public Company Limited. For the full company profile including market capitalisation, see THAI stock market capitalisation.
| Year | FCG Index | Free Cash Flow (THB) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.92x | ฿50.68 Billion | ฿55.23 Billion | ฿4.56 Billion | ▲ +4.0% |
| 2023 | 0.88x | ฿38.73 Billion | ฿43.90 Billion | ฿5.17 Billion | ▼ -11.1% |
| 2022 | 0.99x | ฿28.87 Billion | ฿29.11 Billion | ฿234.61 Million | ▲ +18.3% |
| 2019 | 0.84x | ฿11.38 Billion | ฿13.57 Billion | ฿3.34 Billion | ▲ +7.8% |
| 2018 | 0.78x | ฿13.53 Billion | ฿17.40 Billion | ฿3.82 Billion | ▼ -8.2% |
| 2017 | 0.85x | ฿20.07 Billion | ฿23.69 Billion | ฿3.59 Billion | ▼ -31.2% |
| 2016 | 1.23x | ฿30.26 Billion | ฿24.56 Billion | ฿5.70 Billion | ▲ +2.2% |
| 2015 | 1.21x | ฿22.39 Billion | ฿18.57 Billion | ฿3.82 Billion | ▼ -48.2% |
| 2014 | 2.33x | ฿14.00 Billion | ฿6.02 Billion | ฿7.98 Billion | ▲ +9.8% |
| 2013 | 2.12x | ฿54.54 Billion | ฿25.73 Billion | ฿28.80 Billion | ▲ +33.3% |
| 2012 | 1.59x | ฿49.55 Billion | ฿31.16 Billion | ฿18.39 Billion | ▼ -32.2% |
| 2011 | 2.35x | ฿21.50 Billion | ฿9.17 Billion | ฿12.34 Billion | ▲ +75.2% |
| 2010 | 1.34x | ฿37.85 Billion | ฿28.27 Billion | ฿9.58 Billion | ▼ -15.0% |
| 2009 | 1.58x | ฿44.95 Billion | ฿28.52 Billion | ฿16.43 Billion | ▼ -45.3% |
| 2008 | 2.88x | ฿32.77 Billion | ฿11.37 Billion | ฿21.40 Billion | ▲ +59.5% |
| 2007 | 1.81x | ฿49.74 Billion | ฿27.52 Billion | ฿22.22 Billion | ▼ -4.2% |
| 2006 | 1.89x | ฿43.04 Billion | ฿22.81 Billion | ฿20.23 Billion | ▼ -43.8% |
| 2005 | 3.36x | ฿65.61 Billion | ฿19.54 Billion | ฿46.06 Billion | ▲ +80.9% |
| 2004 | 1.86x | ฿51.16 Billion | ฿27.57 Billion | ฿23.60 Billion | ▲ +55.1% |
| 2003 | 1.20x | ฿27.86 Billion | ฿23.28 Billion | ฿4.58 Billion | ▲ +1.1% |
| 2002 | 1.18x | ฿30.26 Billion | ฿25.56 Billion | ฿4.69 Billion | ▼ -16.3% |
| 2001 | 1.41x | ฿9.42 Billion | ฿6.66 Billion | ฿2.76 Billion | ▼ -7.2% |
| 2000 | 1.52x | ฿35.11 Billion | ฿23.04 Billion | ฿12.07 Billion | — |